Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

AD Ports Group signs Dhs1.1b agreements with Indian firms

Gulf Today

|

November 22, 2025

AD Ports Group subsidiary Khalifa Economic Zones Abu Dhabi - KEZAD Group, the largest operator of integrated and purpose-built economic zones in the region, has signed two land lease agreements of more than Dhs1.1 billion investments with two leading Indian business groups, Jindal SAW Group and Haldiram Group.

AD Ports Group signs Dhs1.1b agreements with Indian firms

Together, the two companies will develop more than 514,000 square metres of manufacturing facilities in KEZAD Al Ma'mourah and ICAD KEZAD Musaffah.

Their investments reinforce Abu Dhabi’s position as a growing centre for advanced manufacturing, food production, and energy-related industries, while supporting the goals of the Abu Dhabi Industrial Strategy and the UAE's diversified economic growth.

Both agreements were signed during KEZAD Group's visit to Mumbai as part of the Abu Dhabi Investment Forum Mumbai, organised by the Abu Dhabi Investment Office and Abu Dhabi Department of Economic Development.

“We are delighted to welcome Haldiram Global and Jindal Saw to KEZAD. Their trust reflects the strength of Abu Dhabi’s industrial ecosystem and the confidence international investors place in our ability to support advanced manufacturing at scale,” said Abdullah Al Hameli, CEO, Economic Cities and Free Zones, AD Ports Group.

He added that these projects will create skilled jobs, deepen sector capabilities, and reinforce commitment to sustainable industrial growth across the UAE. Both projects align with the Abu Dhabi Industrial Strategy by enhancing local manufacturing capabilities, driving technology adoption, and increasing value addition.

MORE STORIES FROM Gulf Today

Gulf Today

Gulf Today

Al Nasr down Al Dhafra as Dibba salvage draw against Al Wahda

Al Nasr secured a confident victory on Friday, defeating Al Dhafra 2-0 in Matchweek 8 of the Adnoc Pro League after a dominant first-half display at Al Maktoum Stadium.

time to read

2 mins

November 22, 2025

Gulf Today

Gulf Today

Initiatives to strengthen Dubai's private-sector competitiveness

Dubai Chamber of Commerce (DCC's), one of the three chambers operating under the umbrella of Dubai Chambers, recently hosted the fourth quarterly meeting of Business Groups and Business Councils for 2025.

time to read

3 mins

November 22, 2025

Gulf Today

Gulf Today

G+D marks 25 years of operations in UAE

Giesecke+Devrient (G+D), the global security tech company headquartered in Munich, is celebrating 25 years of operations in the United Arab Emirates, marking a major milestone in its partnership with the region's governments, central banks, and enterprises.

time to read

1 min

November 22, 2025

Gulf Today

50-year mortgages won’t fix the affordability crisis

Bill Pulte, director of the Federal Housing Finance Agency, recently floated the idea of offering people a 50-year mortgage instead of the more conventional 30-year financing option. it sounds attractive at first because stretching out repaying of a mortgage would lower the borrower's monthly payment, but this wouldn't fix the homeownership affordability crisis.

time to read

2 mins

November 22, 2025

Gulf Today

HC quashes vigilance court order against ADGP

In a significant relief to both the Left Democratic Front (LDF) government and senior IPS officer MR Ajith Kumar, the Kerala High Court (HC) on Friday set aside a Special Vigilance Court order that had cancelled the clean chit earlier granted to the Additional Director General of Police (ADGP) in a disproportionate assets case.

time to read

1 mins

November 22, 2025

Gulf Today

UAE ranked third largest donor of aid globally

The United Arab Emirates has been ranked third largest donor of humanitarian aid globally for 2025, according to data published by the United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) through its Financial Tracking Service (FTS).

time to read

1 mins

November 22, 2025

Gulf Today

Gulf Today

Second edition of Nafis Forum concludes

The Emirati Talent Competitiveness Council (ETCC) has successfully concluded the second edition of the annual Nafis Forum. Held at the Dubai Exhibition Centre in Expo City, the event offered an interactive platform to foster collaboration, innovation, and exchange of best practices in Emiratisation.

time to read

1 min

November 22, 2025

Gulf Today

UAE, EU boost cooperation on sustainable aviation fuels

The European Union and the United Arab Emirates jointly convened a high-level session on Sustainable Aviation Fuels (SAF) as part of the Dubai Airshow 2025 Sustainability Programme, highlighting the growing momentum for international cooperation on decarbonising the aviation sector.

time to read

1 min

November 22, 2025

Gulf Today

European leaders reassure Ukraine of continued support

The leaders of Germany, France and the United Kingdom spoke by phone on Friday with Ukrainian President Volodymyr Zelensky, assuring him of their continued support amid the war with Russia as European officials scrambled to respond to US peace proposals that apparently caught them unawares.

time to read

2 mins

November 22, 2025

Gulf Today

Citywide celebrations unveiled to mark Eid Al Etihad in Dubai

This 54th Eid Al Etihad, Dubai is transforming the long weekend into a citywide celebration of unforgettable moments for families and friends from Dec.l to 3.

time to read

2 mins

November 22, 2025

Listen

Translate

Share

-
+

Change font size